Mmastodon BusinessBusiness first seen 10 d ago, last 10 d ago, peak #1
Company with $134 billion profits offers buyouts to 60,000 workers
Original: $134 BILLION in annual profits. Voluntary buyouts offered to 60,000 employees. The company is doing extraordinarily well
A highly profitable company, reporting around $134 billion in annual profits, is offering voluntary buyouts to some 60,000 employees. Critics are pointing to the contrast between record earnings and large-scale staff cuts, arguing that corporate success is flowing to shareholders rather than workers, and renewing debate over corporate governance, workers' rights and wealth taxation.
Why now: The irony of a hugely profitable company shedding tens of thousands of jobs is fueling criticism of shareholder-first corporate behavior.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/4800021